Rhynsburger Blayne 4

What Happened
Blayne Rhynsburger, Controller of Kimbell Royalty Partners, LP (KRP), received an award of 42,375 shares on February 24, 2026. The Form 4 reports these shares as acquired at $0.00 per share (total reported value $0), indicating the transaction was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-24 (Period of Report: 2026-02-24; Accession: 0001104659-26-020632)
• Transaction type/code: Award/Grant (A) — acquisition of 42,375 shares at $0.00 each (total reported $0)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Filing timeliness: No late-filing indication in the provided data
• Notable footnotes: None reported in the provided excerpt (no 10b5-1, tax withholding, or immediate sale noted)

Context
An "A" code award typically reflects compensation (e.g., restricted stock/units or partnership units) that may be subject to vesting or transfer restrictions; it is not the same as a market purchase. Such grants are common as part of executive or employee compensation and do not by themselves indicate the insider's intent to buy or sell shares in the market.